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thisisstupidash thisisstupidash
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6 years ago
Regression analysis was applied between sales (in 1000s) and advertising (in 100s), and the following regression function was obtained. y = 80 + 6.2x Based on the above estimated regression line, if advertising is 10,000, then the point estimate for sales (in dollars) is _____.
 a. 62,080
  b. 142,000
  c. 700
  d. 700,000
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6 years ago
d
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